Sat, 8 November
10.1 C
Yerevan
USD: 382.54 RUB: 4.73 EUR: 441.83 GEL: 141.43 GBP: 501.40

ACBA-CREDIT AGRICOLE BANK launches third organic agriculture development program

YEREVAN, July 25. /ARKA/. Armenia-based ACBA-CREDIT AGRICOLE BANK together with the Nature and Biodiversity Conservation Union (NABU), one of the oldest and largest environment associations in Germany, launched July 24 the third free program called “Development of Organic Agriculture”.

As part of the program, a competition has been designed for farmers. The winners will get financial assistance from the bank and NABU to claim certificates of organic producers and significantly expand their production possibilities, increase the added value and exports.

To participate in the program running in 2017 and 2018, all interested economic entities should download an application form from the bank’s official website at https://www.acba.am/uploaded/NabuOrganic filling_form.pdf , fill it and send to [email protected]. The deadline is October 1.

This joint program was lunched in 2015 to promote the development of organic agriculture and encourage local farmers. As part of the program, 10 campaigns have already been certified, which successfully represent their products abroad.

ACBA was established in 1996 as part of EU’s TACIS program. As a result of a long-term and mutually beneficial cooperation between ACBA Bank and the French Credit Agricole the latter became the biggest shareholder of ACBA in 2006, September. ACBA was restructured, becoming a closed joint stock company and was renamed ACBA CREDIT AGRICOLE BANK.-0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

Investor of the new era: how the capital management culture is changing in Armenia

Interest in investments in Armenia is growing, but it is too early to talk about an established capital management culture.

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

LATEST NEWS

spot_imgspot_imgspot_img